In Exercise 1, how long will it take Kimberly to accumulate $30,000 in her retirement account? Data
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In Exercise 1, how long will it take Kimberly to accumulate $30,000 in her retirement account?
Data from Exercises 1
Kimberly Austin deposits $5000 in an IRA at 6% interest compounded continuously for her retirement in 10 years. She intends to make continuous deposits at the rate of $3000 a year until she retires. How much will she have accumulated at that time?
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Related Book For 
Calculus With Applications
ISBN: 9780321831101
10th Edition
Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey
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